New deal for Thomas Davis creates $3.25 million in cap space for Carolina Panthers

Summary of 5 articles · Updated Feb 25, 2014

The Carolina Panthers created more than $3 million in salary cap space by restructuring linebacker Thomas Davis’ contract this month. The Panthers created more than $3 million in salary cap space by restructuring veteran linebacker Thomas Davis' contract … (more)this month. Center Ryan Kalil, running back Jonathan Stewart, and linebacker Thomas Davis have agreed to new deals, and the extra cap space has placed the Panthers $29 million under the projected 2014 cap of $132 million. Last week, the Panthers picked up the options for the 2014 and 2015 seasons on linebacker Thomas Davis‘ contract. His cap number will dip from $6.82 million to $3.57 million for a savings of $3.25 million. Davis' base salary this year decreases from $2.75 million to the veteran's minimum of $950,000. The team’s 2014 free agents include cornerback Drayton Florence, receiver Ted Ginn, Jr., tackle Jordan Gross, defensive end Greg Hardy, receiver Domenik Hixon, receiver Brandon LaFell, safety Quentin Mikell, safety Mike Mitchell, and cornerback Captain Munnerlyn.

Panthers clear $7.25 million in cap space via restructurings

As the Panthers prepare to try to keep some of their talented free agents, their G.M. is using his talents to create enough cap space to pay them. According to Joseph Person of the Charlotte Observer, Dave Gettlemen has cleared $7.25 million in 2014 cap…

Panthers Save Money, Pick Up Options On LB Thomas Davis

The Panthers were bent on keeping linebacker Thomas Davis, and Pro Football Talk reports the team picked up his contract last week for both the 2014 and 2015 seasons. The move will help the Cats, as PFT reported “Exercising the options gave Davis a $5 m…